Tired of your rental properties making just $50 or $100 a month? What if you could squeeze several thousand dollars out of the same properties instead?
That’s exactly what today’s guest is doing—taking ordinary properties that you’d find on the MLS and turning them into money-making assets with one powerful investing strategy: residential assisted living. And in today’s episode, he’ll show YOU how to do the same!
Welcome back to the Real Estate Rookie podcast! Hans Stone has built a real estate business that brings in not $2,000, or $5,000, or even $10,000, but upward of $40,000 per month, per property. How? There’s an entire generation that’s starting to age out and needs private care, and Hans is providing it. And there’s so much demand for these properties that, once he stabilizes the property, he rarely deals with vacancies or evictions!
If you’re done with the tight margins and want a strategy that will not only generate more cash flow but also help you make a difference, Hans is giving you the entire blueprint to get started!
In This Episode We Cover
Making $40,000 per month (per property) with residential assisted living
How to find investment properties you can turn into assisted living houses
The biggest risks and challenges to be aware of with assisted living investing
How to protect your real estate business from a liability standpoint
Why assisted living is much more about hospitality than healthcare
And So Much More!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-714.
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